Litecoin after touched highest high at 370 $ entered to Bullish Flag Pattern and as you all know, this pattern is a continuation pattern.
In recent days we saw the candlesticks tried to break this pattern but couldn't do this ! If you focus on Stochastic oscillator you see MA signal (blue line) cross major signal (orange line) and both of them left the overbought zone. This can be an alert for us that the price after a fall down, return again to the top of the pattern and break it.
In recent days we saw the candlesticks tried to break this pattern but couldn't do this ! If you focus on Stochastic oscillator you see MA signal (blue line) cross major signal (orange line) and both of them left the overbought zone. This can be an alert for us that the price after a fall down, return again to the top of the pattern and break it.